We are Sorry, This Page doesn't Exist
CMA CGM taps French loan scheme to boost cash in coronavirus crisis
Shipping group CMA CGM has obtained a 1.05 billion euro ($1.1 billion) loan to be 70% guaranteed by the French government as it seeks to bolster its cash position during the coronavirus pandemic, which has hammered international trade......»»
France"s CMA CGM gets 1.05 billion euro loan partly backed by government
CMA CGM has arranged a 1.05 billion euro ($1.1 billion) syndicated loan to be 70% guaranteed by the French government, the shipping and logistics company announced on Wednesday......»»
Air France-KLM nears bailout with improved guarantees: sources
Air France-KLM is moving towards a 10 billion euro ($10.9 billion) government-backed rescue deal, sources said, after France agreed to higher guarantees on loans designed to tide the airline group through the coronavirus crisis......»»
H&M borrows 980 million euros to boost liquidity buffer amid pandemic
H&M , the world's second-biggest fashion retailer, said on Wednesday it had signed a 980 million euro ($1.1 billion) revolving credit facility to strengthen its liquidity buffer in light of the novel coronavirus pandemic......»»
France"s antitrust watchdog just fined Apple $1.2 billion for anti-competitive behavior
AP Photo/Markus Schreiber Apple on Monday got slapped with a 1.1 billion euro ($1.2 billion) fine from France's antitrust watchdog. It's a rare competition fine for.....»»
Exclusive: France ramps up pressure to shift $200 billion euro clearing away from London - sources
France is looking at ways to lure clearing in euro derivatives away from London to the European Union to lessen the risk of any forced "relocation" backfiring by driving business instead to the U.S., financial industry officials said......»»
BA parent IAG ups bet on Latin America with Air Europa takeover
IAG , the parent of British Airways and Spain's Iberia, announced a 1 billion euro ($1.12 billion) takeover of Spain's Air Europa to boost its presence on routes to Latin America and the Caribbean......»»
French tycoon Niel to sell mobile towers to Cellnex for $3 billion
French tycoon Xavier Niel has agreed a 2.7 billion euro ($3.02 billion) deal to sell mobile towers in France, Italy and Switzerland to Cellnex as he seeks to bolster the finances of his telecoms group Iliad......»»
Google seeking to promote rivals to stave off EU antitrust action
Google is trying to boost price comparison rivals such as Kelkoo in an effort to appease European Union antitrust regulators and ward off fresh fines following a 2.4-billion-euro ($2.7 billion) penalty nearly two years ago......»»
UBS sets aside 450 million euros for French tax case
Switzerland's biggest bank, UBS, on Friday reported a nearly $400 million boost to its litigation provisions after a French court slapped it with a 4.5 billion euro ($5.09 billion) penalty last month......»»
Tunnel vision divides Italy"s governing coaltion
Italy's governing coalition is deeply divided over whether money for a new, multi-billion euro rail link with France would be better spent elsewhere. David Pollard reports......»»
France"s Macron unveils plan to combat poverty
French President Emmanuel Macron, often branded by critics as the president of the rich, has unveiled an 8 billion-euro ($9 billion) plan to tackle poverty......»»
Under Pressure From Trump, Germany Boosts Military SpendingÂ
Germany has given its military a 5.7 billion Euro ($6.5 billion USD)Â boost after Defense Minister Ursula von der Leyen refused to sig.....»»
Euro zone: data raises doubts as Merkel"s party votes for new leader
France's industrial output shows a surprise boost in October, but similar data from Germany shows an unexpected fall, adding to signs that a cool.....»»
Adidas Boosts Outlook On Strong Q1 Results: Details
Adidas AG reported preliminary results for the first quarter of 2024, with an 8% increase in currency-neutral revenues. In euro terms, revenues grew 4% to €5.458 billion in the quarter. read more.....»»
Meta Hit With Record 1.2bn Euro Fine
Meta has been issued a record 1.2 billion euro fine ($1.3 billion) by a European Union privacy regul.....»»
A Guide to Europe’s Newest ‘Safe Asset’ and Rival to U.S. Treasuries
The European Union is issuing bonds like never before. An 806 billion euro ($964 billion) pandemic rescue fund will trigger the biggest-ever splurge in joint borrowing by the bloc’s 27 members. Add to that a 100 billion euro emergency jobs prog.....»»
Fiat Chrysler in talks over 6.3 billion euro state-guaranteed loan: source
Fiat Chrysler is in talks with Italian lender Intesa Sanpaolo over a 6.3 billion euro ($6.8 billion) state-guaranteed loan to help the automaker weather the coronavirus crisis, a source close to the matter said on Friday......»»
Fiat Chrysler in talks over 6.3 bln euro state-guaranteed loan: source
Fiat Chrysler is in talks with Italian lender Intesa Sanpaolo over a 6.3 billion euro ($6.8 billion) state-guaranteed loan to help the automaker weather the coronavirus crisis, a source close to the matter said on Friday......»»
Thyssenkrupp CFO: we don"t have a liquidity problem
Thyssenkrupp does not have a liquidity problem due to a 1 billion euro loan from state-owned lender KfW [KFW.UL] and the expected transfer of funds from the sale of its elevator division, its chief financial officer said......»»